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MARKET OUTLOOKSHREECEMSTOCK OUTLOOK

Shree Cement Outlook for the Week (February 12, 2024 – February 16, 2024)

Shree Cement
Shree Cement
Shree Cement closed the previous week on a negative note losing 7.93%.

Technically, Shree Cement share price will see immediate support at 26,552.85 and immediate resistance would be seen at 28,853.70.

If Shree Cement share price closes below immediate support of 26,552.85, then sharp breakdown can be seen. Shree Cement share price will see major support at 25,475.60 for the week.

On the positive side, immediate resistance will be seen at 28,853.70. Closing above 28,853.70, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 30,077.30 for the week.

Trading range for Shree Cement share price for this week should be between 24,252.00 on down side and 31,154.55 on up side.

Shree Cement Previous Week High: 29000.05

Shree Cement Previous Week Low: 26699.2

Shree Cement Previous Week Range: 2300.85 Points

Shree Cement share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 31,154.55
Resistance 2 30,077.30
Resistance 1 28,853.70
Support 1 26,552.85
Support 2 25,475.60
Support 3 24,252.00
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